Will my employees need an independent valuation in order for me to sell the business to them?
Published on 2025-02-17 | Last edited on 2025-02-17
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Short Answer
Yes, typically in an EO sale the trustee (in the case of an ESOP or EOT) or a transition committee of workers in a worker co-op will commission an independent valuation in order to help ensure a fair market value transaction will take place.
Detailed Answer
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